Dynegy (DYN) Set to Announce Quarterly Earnings on Wednesday

Dynegy (NYSE:DYN) is scheduled to be announcing its earnings results after the market closes on Wednesday, February 21st. Analysts expect the company to announce earnings of ($1.13) per share for the quarter.

Shares of Dynegy (NYSE:DYN) opened at $11.75 on Wednesday. The stock has a market capitalization of $1,663.31, a P/E ratio of -22.60 and a beta of 1.90. The company has a current ratio of 1.97, a quick ratio of 1.47 and a debt-to-equity ratio of 5.46. Dynegy has a 12-month low of $5.84 and a 12-month high of $12.84.

A number of equities research analysts have issued reports on DYN shares. Zacks Investment Research raised Dynegy from a “sell” rating to a “hold” rating in a research report on Friday, December 1st. Bank of America began coverage on Dynegy in a research report on Tuesday, October 24th. They issued a “buy” rating and a $11.00 price objective for the company. SunTrust Banks cut Dynegy from a “buy” rating to a “hold” rating in a research report on Friday, October 27th. Citigroup set a $12.00 price objective on Dynegy and gave the company a “buy” rating in a research report on Monday, October 30th. Finally, Deutsche Bank cut Dynegy from a “hold” rating to a “sell” rating in a research report on Tuesday, October 17th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and five have given a buy rating to the company’s stock. Dynegy currently has an average rating of “Hold” and a consensus target price of $13.01.

In related news, major shareholder Ecp Controlco, Llc sold 5,250,000 shares of the company’s stock in a transaction on Tuesday, January 9th. The stock was sold at an average price of $11.79, for a total value of $61,897,500.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 1.80% of the company’s stock.

WARNING: “Dynegy (DYN) Set to Announce Quarterly Earnings on Wednesday” was first posted by American Banking News and is owned by of American Banking News. If you are accessing this piece on another domain, it was illegally stolen and reposted in violation of US & international copyright and trademark laws. The legal version of this piece can be read at https://www.americanbankingnews.com/2018/02/14/dynegy-dyn-set-to-announce-quarterly-earnings-on-wednesday.html.

Dynegy Company Profile

Dynegy Inc (Dynegy) is a holding company and conducts the business operations through its subsidiaries. The primary business of Dynegy is the production and sale of electric energy, capacity and ancillary services from the fleet of 18 operating power plants in six states totaling approximately 12,300 megawatt (MW) of generating capacity.

Earnings History for Dynegy (NYSE:DYN)

Receive News & Ratings for Dynegy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dynegy and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply